Time IQ

Time IQ is a time tracking software designed to assist teams and businesses in tracking and managing employee time, monitoring project progress, simplifying accounting processes, and generating reports for improved productivity and profitability. According to the vendor, Time IQ caters to businesses of all sizes, from small startups to large enterprises. It is widely utilized across various professions and industries, including professional services, creative agencies, IT and software development, construction and engineering, as well as healthcare and medical services.

Key Features

Time Tracking: According to the vendor, Time IQ enables users to track employee time by logging hours worked on projects or time spent on vacation. Users can set rules and receive email reminders to ensure accurate time tracking. The software provides various options, including entering hours worked, start and end time, or clock in/out. Timer-based tracking is also available to monitor work duration.

Budgets + Billings: Time IQ offers users the ability to assign budgets to projects based on time or money. Users can track budgets by total hours, billable hours, or fees. The software sends email alerts when nearing or exceeding assigned budgets. Additionally, users can assign billing rates to track projected income by project, person, or service. Visual reports provide real-time tracking of projected income.

Powerful Reports: According to the vendor, Time IQ provides a range of reports to gain valuable insights. Overview reports offer a comprehensive view of time allocation. The Total Hours Worked report provides an overview of hours worked by individuals or teams. The Projected Profitability report helps assess the profitability of projects. The Projected Costs report tracks employee cost and project expenses. Custom reports allow for advanced reporting by selecting desired fields.

Management: Time IQ offers multiple user levels, including Administrators, Managers, and Standard Users, to provide flexible management options. Users can easily configure permissions to control data access. The software allows users to review timesheets to track individual and team progress. The timesheet approval feature enables the review and submission of timesheets. Users can also set required hours and receive automated reminders for missing time.

Apps + Integrations: Time IQ provides mobile apps for convenient time tracking on the go. Users can import and export data for seamless integration with other tools. The software integrates with accounting software, such as QuickBooks, to streamline financial processes. Users can also automate integrations with Zapier for enhanced workflow efficiency.